Roundy's to Acquire 11 Dominick's

MILWAUKEE — Roundy's Markets here said Monday it has agreed to pay $36 million in cash to Safeway to purchase 11 Chicago-area Dominick's locations, which will be converted to the Mariano's banner early next year.

Robert A. Mariano, chairman and chief executive — who once headed the Dominick's chain before it was sold to Safeway — said Roundy's was "intentionally selective," noting the 11 stores are "irreplaceable locations and an excellent strategic fit with the 1